---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-413124"
form_type: "8-K"
ticker: "PTC"
cik: "0000857005"
company_name: "PTC INC."
filed_at: "2026-10-05T11:22:43+00:00"
generated_at: "2026-10-12T14:44:10.234494+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Schneider Electric to acquire PTC for $205 per share in all-cash deal valued at $22.6B equity

## Summary
- PTC entered a merger agreement with Schneider Electric SE and Grand Slam Merger Sub; PTC shareholders will receive $205 in cash per share.
- Deal values PTC equity at approximately $22.6B and enterprise value at $23.7B, a 42.3% premium to last close and 46.1% premium to 30-day VWAP.
- Schneider Electric secured a $25B bridge term loan commitment from Morgan Stanley Europe SE and Société Générale; merger is not conditioned on financing.
- PTC must pay Schneider Electric a $700M termination fee in specified circumstances, including accepting a Superior Offer or a board recommendation change.
- Expected €250M annual run-rate cost synergies by Year 3 and ~€800M revenue synergies; closing requires PTC shareholder approval, HSR clearance, and CFIUS approval.

## SEC filing metadata
- accession: 0001193125-26-413124
- form_type: 8-K
- ticker: PTC
- cik: 0000857005
- company_name: PTC INC.
- filed_at: 2026-10-05T11:22:43+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/857005/000119312526413124/0001193125-26-413124-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/857005/000119312526413124/d174191d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-413124
- JSON: https://secwatch.observer/filing/0001193125-26-413124.json
- Plain text: https://secwatch.observer/filing/0001193125-26-413124.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.